Investing.com - The dollar edged higher against the other main currencies on Tuesday as investors looked ahead to the delayed September U.S. jobs report due out later in the trading day.
During European late morning trade, the dollar gained ground against the yen, with USD/JPY rising 0.22% to 98.38.
The dollar dropped against the other major currencies late last week amid concerns over the negative impact of the 16-day government shutdown on the already fragile U.S. economic recovery.
Fears over a drag on growth fuelled expectations that the Federal Reserve would postpone plans to start tapering its stimulus program until at least the beginning of next year.
Investors were looking to the September nonfarm payrolls report, which was being released 18 days behind schedule due to disruption caused by the government shutdown, to help assess the possible timescale for a reduction in Fed stimulus.
Elsewhere, the euro dipped against the dollar, with EUR/USD edging down 0.04% to 1.3674.
The dollar was fractionally higher against the pound, with GBP/USD slipping 0.08% to 1.6133.
The pound had little reaction after data released on Tuesday showed that the U.K. public sector deficit narrowed to GBP11.1 billion in September from GBP12.1 billion in September 2012.
The dollar pushed higher against the Swiss franc, with USD/CHF up 0.15% to 0.9033.
The greenback was trading in tight ranges against its Australian, New Zealand and Canadian counterparts, with AUD/USD easing up 0.11% to 0.9666, NZD/USD edging down 0.02% to 0.8455 and USD/CAD sliding 0.10% to 1.0293.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, edged up 0.08% to 79.81.
During European late morning trade, the dollar gained ground against the yen, with USD/JPY rising 0.22% to 98.38.
The dollar dropped against the other major currencies late last week amid concerns over the negative impact of the 16-day government shutdown on the already fragile U.S. economic recovery.
Fears over a drag on growth fuelled expectations that the Federal Reserve would postpone plans to start tapering its stimulus program until at least the beginning of next year.
Investors were looking to the September nonfarm payrolls report, which was being released 18 days behind schedule due to disruption caused by the government shutdown, to help assess the possible timescale for a reduction in Fed stimulus.
Elsewhere, the euro dipped against the dollar, with EUR/USD edging down 0.04% to 1.3674.
The dollar was fractionally higher against the pound, with GBP/USD slipping 0.08% to 1.6133.
The pound had little reaction after data released on Tuesday showed that the U.K. public sector deficit narrowed to GBP11.1 billion in September from GBP12.1 billion in September 2012.
The dollar pushed higher against the Swiss franc, with USD/CHF up 0.15% to 0.9033.
The greenback was trading in tight ranges against its Australian, New Zealand and Canadian counterparts, with AUD/USD easing up 0.11% to 0.9666, NZD/USD edging down 0.02% to 0.8455 and USD/CAD sliding 0.10% to 1.0293.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, edged up 0.08% to 79.81.